Zcash (ZEC) has surged over 8% to trade near $503, recovering from a sharp June drop caused by a critical bug. The rally is driven by anticipation of the Ironwood upgrade in late July, which will fix the bug and strengthen Zcash's privacy features, restoring market trust. This fundamental improvement, combined with bullish social sentiment and a leveraged short squeeze, fuels the current price rise. Analysts see resistance near $546 and potential for further gains if Ironwood launches smoothly, but caution that volatility remains high due to heavy futures trading and regulatory risks.
Zcash will activate its Ironwood network upgrade on July 28 to fix a serious bug in its Orchard shielded pool that could have allowed unlimited counterfeit ZEC coins. The bug was discovered in May and led to emergency patches and forks to temporarily...
Zcash will activate its Ironwood network upgrade on July 28 to replace the vulnerable Orchard shielded pool after a security flaw was found that could have allowed counterfeit ZEC creation. The upgrade introduces an accounting checkpoint for funds le...
Zcash price retreated from the $500 resistance after a strong rally driven by optimism around the upcoming Ironwood upgrade, which aims to enhance privacy features. Despite profit-taking, the price remains above a key $440 support level, with technic...
Zcash has started formal verification of its newly launched Ironwood shielded pool to eliminate undetectable counterfeiting bugs found in the previous Orchard pool, which caused a major price crash. This verification aims to ensure that the new pool ...
Eli Ben-Sasson, co-founder of Zcash, has challenged Bitcoin's fixed supply limit of 21 million coins, suggesting it may not be practical due to lost private keys over time. He proposes replacing the fixed cap with a policy allowing Bitcoin's supply t...
